Target issues stark warning following solid Q4 earnings
Target's solid holiday season is giving way to cautious consumer spending into the start of the year.
Updated at 9:39 AM EST
Target Corp. posted better-than-expected fiscal-fourth-quarter earnings Tuesday, but warned customers that price increases from tariffs put in place by President Donald Trump will likely arrive in coming days.
Target (TGT) said adjusted earnings for the three months ended Feb. 3 were $2.41 a share, a 20% decrease from the year-earlier period but firmly ahead of Wall Street's consensus forecast of $2.26 a share.
